Middle East and North Africa MTN Operators October 23, 2009 MTN eyes Zimbabwe TeleGeography, citing a Business Day report, notes that South African mobile operator MTN Group is eager to enter Zimbabwe's mobile market. By Mobile World Live
Middle East and North Africa MTN Operators October 23, 2009 MTN grows customer base 8% in Q1 Telecompaper notes that Africa and Middle East mobile operator MTN added more than 7.5 million mobile users in the first quarter, taking its total user base to 98.2 million. By Mobile World Live
Middle East and North Africa MTN Operators October 22, 2009 Bharti and MTN revive merger talks Bharti, India's largest mobile operator, has confirmed it is back in merger talks with the South Africa-based MTN Group, a year after the two parties called off earlier negotiations. By Mobile World Live
Middle East and North Africa MTN Operators October 22, 2009 Indian minister backs Bharti bid for MTN The Indian government has backed a bid by Bharti Airtel to take a major stake in South Africa’s MTN in an important endorsement for a deal that was expected to need multiple approvals from regulators if it went ahead, reports the Financial Times. By Mobile World Live
Asia Pacific Middle East and North Africa MTN Operators Singtel October 22, 2009 Report: SingTel to part fund Bharti-MTN deal SingTel is planning to extend a credit line of as much as US$3.6 billion to partner operator Bharti to support the Indian operator's proposed merger with South Africa's MTN, reports Dow Jones Newswires. By Mobile World Live
Middle East and North Africa MTN Operators October 22, 2009 Bharti-MTN merger to add US6.9B debt, says Fitch Fitch, the credit rating agency, has said that the proposed merger between Bharti and MTN could raise the debt at the two operators by a combined US$6.9 billion, reports India's Economic Times. By Mobile World Live
Middle East and North Africa MTN Operators October 22, 2009 Bharti in mobile add-on pact with group firm Reuters notes that Comviva, a company majority-owned by the parent of Bharti Airtel, will manage value-added services for the leading Indian mobile operator for three years. By Mobile World Live